$AMD TOP 20
Added 2023-07-23 18:21:02 +0000 UTCIts safe to say we are delighted with this, nobody expected a pull back at $122 and to lose the 50 Day MA online but we knew better, the chart has been flawless so far and it needed an ABC count after hitting Wave 5 at $134.
So this is where we start thinking about starting a position.
The 0.38 Fib is at $102, which is on the higher side of where a corrective pulls back too and I've set it here because I do not want anyone to miss out.
So starting a position around this point is ideal and if it can go lower to the 0.5 Fib at $93, we would add even heavier, every dip at this point is an opportunity to add.
Earnings on the 1st of August, so this week should bring some volatility with a lot of important earnings, so we may get this opportunity this week.
